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Business Std JSS2 3rd Term Recision

Authored by sabitu micheal

Business

8th Grade

Used 1+ times

Business Std JSS2 3rd Term Recision
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35 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main role of a bank?

To sell groceries

To store and manage money for individuals and businesses

To provide medical services

To manufacture goods

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which service is commonly offered by banks?

Cooking meals

Issuing loans and mortgages

Selling clothes

Teaching classes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an interest rate?

Fee for opening an account

Percentage charged on loans or earned on savings

Number of bank branches

Bank's daily working hours

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can you do at an ATM (Automated Teller Machine)?

Cook food

Withdraw and deposit money, check balances

Make calls

Watch movies

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which account is used for everyday financial transactions?

Fixed deposit account

Current (or checking) account

Retirement account

Foreign currency account

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key trait of a successful entrepreneur?

Laziness

Risk-taking

Avoiding challenges

Disinterest in learning

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is creativity vital for an entrepreneur?

It helps copy others

It leads to innovative products and ideas

Guarantees success without effort

Avoids risk-taking

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